Puerco Rico Inc

Nonprofit profile at a glance

EIN
474442919
IRS 990-EZ coverage
2015–2017
Forms available
Form 990-EZ 2017
Location
New Orleans, LA, USA
Phone
5045663784
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Philanthropy, Charity, Voluntarism Promotion

Reported finances

Revenue
$61,906
Expenses
$68,006
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • DANIEL CORSINO (PRESIDENT)

People named in this filing

  • DANIEL CORSINO (PRESIDENT)
  • ALBERTO LOPEZ (OFFICER)
  • JOSE CORRADA (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Puerco rico is a particpant in the annual new orleans hogs for the cause event. Hogs for the cause is the premier funding source for pediatric brain cancer outreach services in the u.s. The funds are raised from the sale of barbeque at the annual event. Hogs for the cause has given grants to more than 200 families in need through direct gifts to children's hospitals in new orleans, la, durham, nc, charleston, sc

What it reported doing in 2017

The organization participated in the annual new orleans hogs for the cause event. The event raises money to assist families cover the cost of treatment and living expenses for children diagnosed with pediatric brain cancer and brain trauma.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 45
  • Transparency & Controls: 82
  • Sustainability: 21
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 46.5%; rating input score 47
  • Program expense ratio: 42.4%; rating input score 42

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -9.9%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 48% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 40.4% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: -67.2% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 46.5% of revenue deployed · 42.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $29K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2015 to 2017
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 47/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 42/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • Moderate — Sustainability: Operating margin scored 30/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.